AMERICATOWNE HOLDINGS INC. (NC) - 2020 PPP Loan Borrower Profile (# 3492248405)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to AMERICATOWNE HOLDINGS INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in North Carolina.
Loan Detail
Loan Number
3492248405
SBA Office Code
0460
Processing Method
PPS
Curent Loan Amount
$416,000
Date Loan was Approved
Feb 5, 2021
Amount Forgiven
$419,054.47
Date Loan was Forgiven
Nov 8, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
415,995
Lender
Mechanics & Farmers Bank
Business Detail
Business Type
Corporation
NAICS
423830
Borrower Location
Raleigh, NC
Project Location
Raleigh, NC
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
23
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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